PULTREX LIMITED 31/12/2025 iXBRL

Company registration number: 04694438

(England and Wales)

PULTREX LIMITED

Filleted financial statements

for the year ended

31 December 2025

PULTREX LIMITED

Contents

Directors and other information

Directors responsibilities statement

Statement of financial position

Notes to the financial statements

PULTREX LIMITED

Directors and other information


	Directors	S M Stiff
		F O H Szimmat


	Company number	04694438


	Registered office	18 - 20 Riverside Avenue West
		Dale Hall Industrial Estate
		Lawford
		Manningtree, Essex
		CO11 1UN


	Business address	18 - 20 Riverside Avenue West
		Dale Hall Industrial Estate
		Lawford
		Manningtree, Essex
		CO11 1UN


	Auditor	Griffin Chapman
		4 & 5 The Cedars
		Apex 12
		Old Ipswich Road, Colchester
		Essex
		CO7 7QR

PULTREX LIMITED

Directors responsibilities statement

Year ended 31 December 2025

The directors are responsible for preparing the directors report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

PULTREX LIMITED

Statement of financial position

31 December 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	5	-		-
Tangible assets	6	50,851		70,215
		_______		_______
			50,851		70,215

Current assets
Stocks		1,037,979		1,493,121
Debtors	7	1,691,412		1,234,298
Cash at bank and in hand		54,200		73,132
		_______		_______
		2,783,591		2,800,551
Creditors: amounts falling due
within one year	8	( 3,489,678)		( 2,853,883)
		_______		_______
Net current liabilities			( 706,087)		( 53,332)
			_______		_______
Total assets less current liabilities			( 655,236)		16,883

			_______		_______
Net (liabilities)/assets			( 655,236)		16,883
			_______		_______

Capital and reserves
Called up share capital			38,000		38,000
Profit and loss account			( 693,236)		( 21,117)
			_______		_______
Shareholders (deficit)/funds			( 655,236)		16,883
			_______		_______

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 10 September 2026 , and are signed on behalf of the board by:

S M Stiff

Director

Company registration number: 04694438

PULTREX LIMITED

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 18 - 20 Riverside Avenue West, Dale Hall Industrial Estate, Lawford, Manningtree, Essex, CO11 1UN.

The principal activity of the company continues to be that of equipment manufacturing and composite profile manufacturing .

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The Company's current liabilities exceed its current assets at 31 December 2025. The directors have obtained a written letter of support from the holding company, confirming its intention to provide financial assistance to enable the Company to meet its obligations for at least 12 months from the date of approval of these financial statements.On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Long leasehold property	-	straight line over life of the lease
Fittings fixtures and equipment	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 20 (2024: 22 ).

5. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 January 2025 and 31 December 2025	7,960	7,960
	_______	_______
Amortisation
At 1 January 2025 and 31 December 2025	7,960	7,960
	_______	_______
Carrying amount
At 31 December 2025	-	-
	_______	_______
At 31 December 2024	-	-
	_______	_______

6. Tangible assets

	Long leasehold property	Fixtures, fittings and equipment	Total
	£	£	£
Cost
At 1 January 2025	49,549	759,911	809,460
Additions	800	12,292	13,092
Disposals	-	( 20,173)	( 20,173)
	_______	_______	_______
At 31 December 2025	50,349	752,030	802,379
	_______	_______	_______
Depreciation
At 1 January 2025	29,826	709,419	739,245
Charge for the year	12,119	20,203	32,322
Disposals	-	( 20,039)	( 20,039)
	_______	_______	_______
At 31 December 2025	41,945	709,583	751,528
	_______	_______	_______
Carrying amount
At 31 December 2025	8,404	42,447	50,851
	_______	_______	_______
At 31 December 2024	19,723	50,492	70,215
	_______	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	1,438,088	406,199
Other debtors	253,324	828,099
	_______	_______
	1,691,412	1,234,298
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	80,009	226,303
Amounts owed to group undertakings and undertakings in which the company has a participating interest	3,244,376	1,196,305
Social security and other taxes	18,129	16,899
Other creditors	147,164	1,414,376
	_______	_______
	3,489,678	2,853,883
	_______	_______

9. Summary audit opinion

The auditor's report dated 10 September 2026 was unqualified.

The senior statutory auditor was Daniel Aldworth for and on behalf of Griffin Chapman

10. Related party transactions

As a wholly owned subsidiary of KraussMaffei Technologies GMBH, the company has elected to take advantage of the exemptions from the requirements of FRS102 to disclose transactions with other members of that group headed by KraussMaffei Company Limited.

11. Controlling party

The directors consider the ultimate parent undertaking and controlling party to be Sinochem Holdings Corporation Ltd - a Chinese state owned enterprise under the supervision of State-owned Assets Supervision and Administration of the State Council.The immediate parent undertaking for which group financial statements are drawn up and of which the company is a member is KraussMaffei Technologies GMBH.Copies of the financial statements can be obtained from: KraussMaffei, Strasse 2,80997,Munich,Germany